SAN FRANCISCO, Dec. 3, 2015 /PRNewswire-USNewswire/ -- The Sustainability Accounting Standards Board™ (SASB)™, a 501c3 non-profit organization that provides sustainability accounting standards for use by publicly listed corporations in the U.S, today announced the launch of the Research & Insight Partnership Program, in which commercial and academic partners use SASB IP to research market trends and surface findings and insights.
Only recently have markets started to recognize the materiality of select sustainability information. More research is needed in order to help corporate and investment professionals understand and manage this evolving field. To address this need, SASB has launched the Research & Insight Partnership Program, in which commercial and academic partners will use the Sustainable Industry Classification System™ (SICS™) and SASB standards to set benchmarks and analyze industry trends.
SASB is proud to announce the first partner in the program, CSRHub ®, which is launching a series of reports, co-authored by EKOS International, that analyze the state of disclosure at the industry level. This first report in the Sustainable Accounting Standings Series (SASS), which will focus on the SICS™ Metals and Mining Industry, is now available. CSRHub is a B Corporation that has built the world's largest database of sustainability information.
"As an independent standard setting organization, SASB does not evaluate performance or set benchmarks," says Dr. Jean Rogers, Founder & CEO of SASB. "But, we recognize market demand for this type of analysis. We developed the Research & Insight Partnership Program to support and advance a body of research that helps companies and investors evaluate performance on SASB standards. We're glad to welcome CSRHub as our first partner."
Markets are beginning to understand the importance of material sustainability information for investment decisions. A focus on material factors will enable a new generation of sustainability ratings, rankings, and indices to be developed at lower cost and higher quality. SASB Research & Insight Partners will be at the forefront of this movement.
To request information on the Research and Insight Partnership program, please contact Eli.Reisman@sasb.org.
The Sustainability Accounting Standards Board™ (SASB)™ is an independent 501(c)3 organization that issues industry-specific standards for use in disclosing material sustainability information in filings to the Securities and Exchange Commission. Michael R. Bloomberg, founder of Bloomberg LP, and Mary Schapiro, former SEC chairman, serve as chair and vice chair of SASB's Board of Directors, and Dr. Jean Rogers serves as Founder and CEO. More than 2,800 individuals representing $23.4T assets under management and $11T market capital have participated in multi-stakeholder industry working groups informing standards development. For more information about SASB, visit www.sasb.org, or follow us on YouTube, Twitter or LinkedIn.
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